Air India, Jupiter Aviation and Airbus signed an MOU last week to establish a three-way JV MRO facility in India to perform work on all types of Airbus aircraft operated by AI and other Indian airlines. Air India told The Economic Times that it will develop a business plan for the MRO over the next two months to be submitted to its board for approval. The deal was reached during French President Nicolas Sarkozy's visit to India last week. Other details, including the MRO's site and the ...